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Comparison of various clauses of with DMU (R&R)

Sl. Clause Provision as per MOU As per MSEDCL Letter No. CE/SPD/KAS/T/4387 dated
No. No./Ref. 08/02/2024.
No.

1 As per IA’ may raise request to release


Under the Supply of Plant Contract (Contract
MOU 10% of approved estimate as Part I), initial interest bearing adjustable
Clause an advance deposit towards Advance of 15% of Contract Price for
No. C.5 the execution of work. Contract Part I shall be released in 2 (two)
instalments each of 7.5% of the Contract
This advance shall be recouped Price. Against BG amounting to 110%.
in instalments of 10% from the
further payments.. Under the Erection and Commission work
(Contract Part-2), initial interest bearing
adjustable advance of 10% of contract
price for Contract Part-2 shall be released
in two instalments each of 5% of the
Contract Price.
Comparison of various clauses of MSEDCL V/s MOU with DMU (R&R)

Sl. Clause Provision as per MOU As per MSEDCL Letter No. CE/SPD/KAS/T/4387
No. No./Ref. dated 08/02/2024.
No.

2 As per If `IA' shall execute the work directly 'IA' The Contractor shall pay to the Employer
MOU shall pay liquidated damages to the 'DM, liquidated damages at 0.15% for each week
Clause R&R' at the 0.1% per day for each day or part thereof, of the value of unexecuted
No. D.13 that the completion date is later than the works. The value of unexecuted works shall
intended completion date i.e., contracts be equal to the difference of
completion within 18 Months from the
approval of DPR and/or any cost 1. The approved value of the surveyed &
escalation due to fault on the part of the approved BOQ (inclusive of GST) and
'IA'. Liquidated damages will be
calculated basis the assigned individual 2. The value of executed works (total billed
work. Maximum value of liquidated amount only, inclusive of GST).till the time for
damages shall not exceed the 10% of completion or any extension thereof.
the DPR value of the assigned
individual work. 'DM, R&R' may deduct The aggregate amount of such liquidated
liquidated damages from payments due damages shall in no event exceed 5% of
to the 'IA'. Payment of liquidated the value of unexecuted works
damages shall not affect the IAs
liabilities.
Comparison of various clauses of MSEDCL V/s MOU with DMU (R&R)

Sl. Clause Provision as per MOU As per MSEDCL Letter No. CE/SPD/KAS/T/4387
No. No./Ref. dated 08/02/2024.
No.
3 As per All Bank Guarantees submitted by Regarding Performance Bank
MOU any awardee shall be submitted in guarantee the same should be
Clause joint names of IA and “DM, R&R”. confirmed DMU whether it will be in the
No. C.5 name of PSU or MSEDCL.
Thank You

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